Notice of Critical and Declining Status for The Bakery Drivers and Salesmen Local 194 and Industry Pension Fund

This document is about informing the recipients that the Bakery Drivers and Salesmen Local 194 and Industry Pension Fund has been certified as being in "Critical and Declining" status by the plan's actuary. It outlines the plan's funding problems, the requirement to adopt a rehabilitation plan, the adjustable benefits that have been eliminated, and the employer surcharge that must be paid to help correct the plan's financial situation. The notice provides details on where to get more information about the plan's status and the rehabilitation plan.